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Risk Financial Sector

The starting point for effective risk management is for the company’s Board of Directors to define the level of risk the company is willing to take in its pursuit of growth and profitability. This provides a basis for the way that the Board wishes management to manage the company’s risks.

For the last decade, there has been a tremendous development of a complex and comprehensive regulatory framework within the financial sector. To successfully manage risks, companies therefore need to understand the regulatory requirements and the intimate relationship between risk and capital requirements.